Srs for Online Auction System

E-commerce systems E-commerce systems are predicated upon internet use, which provides open and easy communications on a global basis. However, because the internet is unregulated, unmanaged and uncontrolled, it shows a wide range of risks and threats to the systems which are jeopardizing the operation.

From the above comparison between two solutions (Plan A and B), the cost effectiveness of both solutions is similar. Two solutions development difficulty all is same. In the future, the new system is a scalable, reliable and robust system more suitable. Security issue is very important on the system. The password authentication technology can provide accuracy verification. Web-base service order system can automatic response the customers’ general request. Database centralization can integrate the current and the new systems. The system would computerize and would reduce the handworks. For the reasons of system efficient, consistence and reliability, Plan A should be a better solution for developing the

One important part of E-Commerce is maintaining stringent site security, confidentiality for the customers, integrity, and availability, also a secure system must contain authentication verification of the user, Authorization, allowing manipulation of the resources in a specific way and Encryption for records and transactions.

The electronic auction websites have a role of providing the mean to the people who want to sell their electronic devices on the websites in order to get the maximum sale price of the product. The role of these auction sites is to reduce the risk of sellers, protect intellectual property rights, support laws and regulations, provide equal opportunity to the sellers and provide the more enjoyable buying and selling experience to the visitors. There should be proper policies for buying and selling electronic items on the auctions websites (Jacobson, 2003- 2015).

Tony’s Chips is a medium sized company that wants to enhance its operations by using e- commerce or what some people would say the web or Internet. The new company has set its sights on moving the current system from an externally hosted website to one that is hosted internally. Furthermore, the site will be redesigned so that customers will be able to place orders through the website and have them delivered as before. The design of the new system will be able to provide more data storage, faster retrieval, better security features and recovery solutions in the event that the website

Book Bunker’s interest in accepting payments online also requires knowledge regarding online security. Online security is vital to an e-commerce business, because customer information, as well as transaction information is available to hackers if the correct security protocols are not implemented. Creating a secure online environment for Book Bunker customers can be done through various security features such firewalls, software, and a secure e-pay service. Security protocols should be implemented prior to the online payment system being activated, to ensure the customer information and transaction records are protected. The acceptance on online payments will also require preparation, such as creating a merchant account, choosing a service, and imbedding the service on the Book Bunker website. Implementation can be time consuming, but the result will be increased revenue for Book Bunker, because customers will not be deterred by the requirement to complete sales over the phone or in the store.

Each year online auction fraud is one of the most commonly reported cases of Internet fraud reported to the Federal Trade Commission. Advances in information technologies enable the creation and success of business models such as Internet auctions. There are a variety of auction frauds, the five most common methods of Internet Auction fraud include bid shilling, bid shielding, non-delivery of merchandise, non-delivery of payment, and product authenticity. This paper will expound on the five most common Internet auction frauds along with examining and performing a literature review of prior empirical studies on Internet auction fraud.

(1) Design of features and systems configurations. This subchapter does not authorize any law enforcement agency or office

The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including

|The producer* should be notified when standard items** are getting below a predetermined level |

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

This technology is applicable to any industry that is suitable, such as the food preparation and delivery businesses, travel-related businesses, event tickets, and university class reservations. It can also be integrated with other technologies, such as online payment, auto reminder, and online ordering items. It stores all the past and current information from both the consumers and businesses where both entities can access it as well.

Ecommerce allows consumers to exchange goods and services electronically with no barriers of time or distance. E-commerce is the marketing, buying and selling of merchandise or services over the Internet. It is currently one of the most important aspects of the Internet to emerge. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. The biggest advantage of E-Commerce is the ability to provide secure shopping transactions via the internet and coupled with almost instant verification and validation of credit card transactions. The various legal and ethical issues in E-Commerce are discussed

It is needless to say how a transaction processing system(TPS) is a crucial part of an online store in this day and age. Its help the online to stay effective when customers are proceeding to checkout. Therefore we demand a TPS which assists our online store to run smoothly. Having a satisfying TPS benefits us from receiving payment in a short time so we can deliver goods to customers as fast as possible. We have set a few criteria like price, reputation, advantages and disadvantages in finding the most suitable TPS. After putting in serious consideration, we all agree that Payzer is the best receipt for our online store.

Electronic Commerce has become such a massive and wide field of business, research and development that it even poured into the service based applications of emerging electronic commerce systems that are available anytime, anywhere on personally computing systems i.e. Smartphone (Mahmoud Manafi, 2011).